Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

24. Calculate the contribution margin for County Hospital given the following data: (2 points) Fixed costs $45,000,000. Variable cost per inpatient day $850. Revenue per

image text in transcribed
image text in transcribed
24. Calculate the contribution margin for County Hospital given the following data: (2 points) Fixed costs $45,000,000. Variable cost per inpatient day $850. Revenue per inpatient day $1,450. a. $600 b. $800 c. $850 d. $1,450 25. Given the following cost data, what volume (inpatient days) would County Hospita S500,000 profit? (2 points) Fixed costs $45,000,000. Variable cost per inpatient day $850. Revenue per inpatient day $1,450. a. 45,975 inpatient days b. 50,670 inpatient days c. 75,244 inpatient days d. 75,834 inpatient days 26. Which type of reimbursement method offers the least financial risk for healthcare providers? (2 point a. Capitation b. Cost-based reimbursement c. Charged-based reimbursement d. Financial risk to providers is the same under each method

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Innovation In Public Transport Finance

Authors: Shishir Mathur

1st Edition

1138250139, 978-1138250130

More Books

Students also viewed these Finance questions

Question

Guidelines for Informative Speeches?

Answered: 1 week ago